10/24, 4:50pm

Verizon settles VM lawsuit

A lawsuit filed by Klausner Technologies regarding visual voicemail technology was filed against a number of wireless providers earlier this summer, and one of those companies, Verizon Wireless, has decided to settle it out of court, according to a Friday report. Klausner reportedly granted Verizon Wireless and its subsidiary, Vodafone Group, a patent license, allowing it to use the voice message alerts. The exact terms of the agreement were not disclosed, though the deal was closed on Thursday.